Multiple Choice
The key implication of "hypercompetition" in business is that:
A) Competitive advantage is temporary
B) Technological change will continue to accelerate
C) "If it ain't broke,don't fix it" is an obsolete piece of advice
D) The concept of Schumpeterian competition needs to be updated to realities of the 21st century.
Correct Answer:
Verified
Correct Answer:
Verified
Q36: The difference between barriers to entry and
Q37: The prediction that hypercompetition makes competitive advantage
Q38: To divide an industry into segments it
Q39: The Schumpeterian view of competition emphasizes the
Q40: The main use of industry segmentation analysis
Q42: If administering deterrence is costly or unpleasant
Q43: Game theory seeks to predict the outcome
Q44: Empirical studies on hypercompetition show unanimously that
Q45: The main usefulness of strategic group analysis
Q46: The distinction between legitimate competitive intelligence and